Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,146.4 | +0.0179 | pay 0.0179% / 8h | 0m 43s | $5.4M | $122K | 100x | Long MEXC | |
| SHORT | 1,146 | +0.0031 | get 0.0004% / 1h | 0m 43s | $6.1M | $972K | 10x | Short tradeXYZ |
Price gap−0.032%
Funding gap−0.0148% /8h
The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $4 a day and eats that in about 22 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$16−0.0148% /8h now · paid +0.165% over the last 7D
Price+$4spread −0.032% now, avg −0.073% → +0.041% if it goes back
Costs−$350.347% of $10k · taker + slippage, in and out
Result−$14−0.14%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.032%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hLLY on 22 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- OK: Fits both order books11.5 / 6.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$100 + $1,000MEXC 100x, tradeXYZ 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$4.45Long MEXC: 3 payments, −$5.37; short tradeXYZ: 24 payments, +$0.92.
- OK: Entry gap works for you−0.032% vs −0.073%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Long leg is thinner$5.4M vs $6.1M OIBoth legs are deep; MEXC is the smaller one.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCMEXC Yes · tradeXYZ NoKYC before trading since Feb 2026; unverified accounts see market data only.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0079%/8h × 21 periods+$16.49
Price spread−0.032% → −0.073% (7d avg)+$4.12
Slippage, 4 orderslive order books−$32.95
Fee MEXC bp × 2 orders$0.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$14.14
Costs to cover0.347%Break-even13.0 days
Slippage: MEXC: live order book, 2 min ago; tradeXYZ: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC6.9811.5 bp−$1242.9 bp−$429197.1 bp−$19.7Kdoesn’t fit
SELL · SHORTtradeXYZ1.756.7 bp−$725.6 bp−$256168.4 bp−$16.8Kdoesn’t fit
Closing costs about the same again.
| 09-18 17:43 | Avantis | Other | Biotech. $LLY — orals expanding the market, or trading injectable economics for cash-pay economics? $MRNA — Intismeran turns a per-patient therapy into a real franchise, or the readout bought optionality the balance sheet still has to finance? @verantaxyz on X ↗ |
Avantis